Today Update

One of the strangest things about the 2016 US presidential election is how little we know about the winner: Donald Trump, the 45th President of the United States. To a certain extent, this is quite amusing given the excruciatingly lengthy nature of the campaign. As Emma Roller counted in  The New York Times , "By Election Day, the campaign will have gone on for 597 days. In the span of which we’ve been paying attention to the same presidential campaign, we could have instead hosted approximately four Mexican elections, seven Canadian elections, 14 British elections, 14 Australian elections or 41 French elections." And yet despite numerous articles and several hours of TV debates over the last 19 months, tragically, all we have on Trump is a caricature as grotesque as his naked statues. We know that he boasts about grabbing female genitalia, walks in unannounced inside changing rooms of beauty pageants, doesn't pay taxes, threatens immigrants and vows to ban Musl...

Generally there are two types of symbols used to represent the position of stock market BULL MARKET And BEAR MARKET Bull market is use to define the situation where the shares prices are rising. Because when it is attacking any animal its head goes upwards from down to up. While Bear, when it is attacking any animal its moves from upward to downward, which signify the fall of stock market.

Definition:   Initial public offering is the process by which a private company can go public by sale of its stocks to general public. It could be a new, young company or an old company which decides to be listed on an exchange and hence goes public. Companies can raise equity capital with the help of an IPO by issuing new shares to the public or the existing shareholders can sell their shares to the public without raising any fresh capital. Description:  A company offering its shares to the public is not obliged to repay the capital to public investors. The company which offers its shares, known as an 'issuer', does so with the help of investment banks. After IPO, the company's shares are traded in an open market. Those shares can be further sold by investors through secondary market trading.

At Money Wise Asset Management we always advise to think long term as the famous saying goes " ROME WAS NOT BUILT IN A DAY"  RELAXXXXXXXXXX --- KEEP CALM --- GIVE TIME TO YOUR INVESTMENT FOR BETTER GROWTH. Time is of essence in choosing the right investment strategy.  When you invest long term, the market goes through a period of lows and highs, and finally due to the law of averages, the losses in the short term, are evened out.   Long term horizon enables fund managers to strategically work the investments.  For instance, when it comes to ELSS (Equity Linked Savings Scheme), the fund managers take advantage of the three-year lock-in period to make smart investment calls; they are not subjected to a scenario wherein they have to give back the money to investors.  Here are the benefits of investing with a long-term perspective (above 5 years) – Optimum utilization of SIP –  Short-term investments are known to witness a quick upsurge followed by an...

What is securities transaction tax STT is levied on every purchase or sale of securities that are listed on the Indian stock exchanges. This would include shares, derivatives or equity-oriented mutual funds units The securities transaction tax (STT) was introduced in India a few years ago, to stop tax avoidance of capital gains tax. Earlier, many people usually didn’t declare their profits on the sale of stocks and avoided paying capital gains tax. The government could tax only those profits, which have been declared by people.  To stop this situation, the then Finance Minister P Chidambaram—in the Union Budget 2004-05—introduced STT. Transactions in stock, index options and futures would also be subject to transaction tax. This tax is payable whether you buy or sell a share and gets added to the price of the stock at the time the transaction is made. Since brokers have to automatically add this tax to the transaction price, there is no way to avoid it.  The Fina...